46B THOMAS JOHNSON DR FREDERICK MD

Medical Office 46B Thomas Johnson Dr Sells for $3.65M

We represented the owner of a two-story medical/professional office building on Thomas Johnson Drive in Frederick, MD. Despite elevated vacancy in the submarket, an outdated interior, and only ~50% occupancy with the remaining tenant’s lease expiring in 2028 (no renewal option), we generated strong buyer activity and closed as-is, all-cash in 55 days for $3,650,000.

Challenges 

Frederick’s office market had high vacancy and the asset’s older buildout limited appeal. Only half the building was occupied, and the in-place tenant had no renewal option and did not want to extend past 2028, which introduced rollover risk and downtime concerns for buyers.

Our Strategy 

We blended broad reach with hands-on outreach:

• Ran an auction-style marketing campaign (the asset did not trade at the auction), which significantly expanded exposure and surfaced new prospects.
• Direct calling to area brokers and business owners to engage near-term users and local capital.
• Partnered with county officials to validate the location narrative and amplify visibility.

This multi-track plan yielded steady tours and three competitive offers.

Results 

• Three offers created real choice and leverage for the seller.
• All-cash, as-is, no-contingency sale at $3,650,000.
• Closed in 55 days, delivering speed and certainty despite market headwinds and a dated buildout.

For Commercial Property Owners

If you own medical or professional office assets in Frederick MD or across Northern Virginia, Washington, DC, and Maryland, we combine wide-net exposure (including auction-style campaigns) with targeted outreach to drive competitive offers and clean execution.